Big oil has stolen a page from the early ’90s pharmaceutical and AMA conglomerates that had frozen the escalating health costs while Hillary was threatening them with her universal health plan. The freeze lasted about a year until the threat subsided.
Then again, perhaps it was the other way around: that the health industry stole from OPEC and corporate affiliates’ pages of the ’70s when America went on a tear to insulate their homes, lower the thermostat, wear sweaters, scramble to purchase compact cars, install wood burning stoves and sweep up kerosene heaters by the millions. Big oil got the message and duped the US by keeping oil and gasoline prices under control for decades. It’s doing it now to counter alternative freaks but it will not last because OPEC no longer relies solely on the US market.
Copyright © 2008 Richard R. Kennedy All rights reserved. Revised: Aug 6, 2008.
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